Thiruvananthapuram Emerging as the Cyber City of India

Thiruvananthapuram, the capital of Kerala, is also calledthat offers all modern amenities and convenience. It
the ‘Evergreen City of India'. Also known ashas been observed that investors are now keen on
Trivandrum, it means the ‘Abode of Lord Ananta'buying property in smaller cities as realty market of
derived from the name of Hindu deity. Real estate inmetros near saturation, leaving no room for further
Thiruvananthapuram is reaching new heights everydaydevelopment. Moreover, lower prices become a great
with rapid development taking place across all thepuller as the booming Indian property market promises
segments- residential, commercial and retail.to yield high returns few years down the line. The huge
 development in Thiruvananthapuram in terms of
Being the education, commercial and medical hub ofinfrastructure assures higher capital and rental values in
Kerala, Thiruvananthapuram has huge importancethe coming times.
attached to it. While students migrate to the city for 
higher studies, others come either in search ofAmong the 50 upcoming residential projects in the city,
employment or for medical treatment. Being the bestvarious developers like Muthoot Builders, Skyline
tier-II metro with IT and ITes infrastructure and secondFoundations and Structures Pvt. Ltd., Heera
best in availability of human talent, the property inConstruction Company Pvt. Ltd., SI Property, Artech
Thiruvananthapuram is blooming in full swing. It hasGroup and others are actively involved. Raheja, DLF,
several important government offices, business unitsLeela Group and L&T will be constructing
of corporate bigwigs, hospitals, educational &commercial spaces for corporate giants. The retail
research institutes and IT campuses. It has all thescene is also gearing up with mixed use retail
administrative head offices, numerous industrial units,developments taking shape in the capital city of Kerala.
development centers and other important institutions. ItThe face of shopping is bound to don a new look with
is a knowledge city that has everything from medicinevarious leading national and international brands for
to music to culture to employment to what not!apparels and jewelry getting ready to step in the
 markets of Trivandrum.
People come to the city in large numbers every year 
for various purposes (education, jobs and medicalWith the arrival of software giants and growing
treatments) and this has raised the demand forpopulation, an escalation in prices of property in
residential property in Thiruvananthapuram. The recentThiruvananthapuram is definite to happen. The
boom in the IT industry has bolstered the need forproperty rates are already at par with some of the
residential and commercial property in the city. It hasmost expensive cities and growing which makes one
been attracting buyers and developers from acrossof the most rewarding investment destinations. Despite
the country and even beyond with NRIs and foreignthe rapid construction activities, the spurt in demand is
investors taking interest in Thiruvananthapuram realtyso high that it continues to outstrip the supply. In
sector. Builders, architects and managementaddition to the demand for property by locals,
consultants of national and international repute arerequirement is also coming from NRIs and foreign
seeing fortune in being a part of the rapidly growinginvestors. Since renting flats in Thiruvananthapuram
real estate market of India.fetches good value owing to the migration of students
 and professionals, investors usually rent their properties.
One of the very interesting trends developing theseSo, it is wise to invest or buy property across all realty
days between property buyers is that more than beingsegments of Thiruvananthapuram-residential,
in the metro cities, they wish to settle down in a placecommercial and retail.